AxiTrader Broker Review

Company AxiCorp Financial Services Pty Ltd
Founded in 2001
Online since 2008
Offices in Australia
Payment options BPAY, Credit Cards, Debit Cards, Wire Transfer
Demo Platforms Meta Trader 4 Limited to 30 days Use
Account currencies Euro, Japanese yen, New Zealand dollar, Singapore dollar, Swiss franc, United States dollar
Currency pairs AUD/CAD  AUD/CHF  AUD/JPY









Regulated by ASIC
US Traders welcome? No
Bonus? (detailed)
Website available in (languages) Chinese, English
Support available in Chinese, English, Spanish
Support methods Email, Live Chat, Phone, Skype, Web Form
Account Types (micro standard executive islamic) Standart, Pro ECN
Or others.
Minimum account size 250
Minimum position size 0.01 Lot
Spread type Variable
Typical spread on EUR/USD, pips 1.3
Minimum spread on EUR/USD, pips 0.6
Scalping Allowed
Expert advisors Allowed
Trading instruments (GOLD; CFD, etc. and the leverage) Forex- 1:400, Gold & Silver – 1:100, CFD- 1:100, Oil – 1:100, Oil – 1:100, Indexes – 1:100
Trading platforms Meta Trader 4
Digits after the dot in quotes 5
Margin call level 90%
Stop-out level 20%
Number of currency pairs 25
Interest rate on funds Yes
Trading contests Yes
Free education Yes
Personal manager Yes
Trading by telephone Yes
MAM accounts Yes
Segregated accounts Yes
Affiliate program Yes
Hedging Yes
Overnight interest rates (swaps) Yes
Trailing stop Yes
Pending orders Yes
Mobile trading Yes
Automated trading Yes

axitrader-logoAxiTrader broker is actually AxiCorp Financial Service Pvt. Ltd and was established in the year 2001. However, the company started its internet based online trading only in the year 2008. They have their office in Australia and is regulated by ASIC which is a regulating authority in Australia. They also offer interest rates on the funds. They conduct various trading contests which increases the interest of the customers in the company as well as trading. Free education through various tutorials is available on the company’s website and it helps the experienced traders to improve their trading skills whereas helps the new trader to learn new trading skills and understand the forex market better. They also offer personal manager to each trader who helps in managing their accounts better. Other tan Standart and Pro ECN accounts they also offer PAMM, MAM and segregated accounts. They allow scalping and hedging to their customer which helps them gain interest in short span of time.

They offer the traders to make payments through BPay, credit cards, debit cards and wire transfer. They make sure that the traders face no problem while depositing and making a withdrawal. The dmo account is available free of cost and the trading platform offered is Meta Trader 4 limited to a use of 30 days. Meta Trader 4 is the most used trading platform in the forex market and is also the most trusted and reliable platform and is also offered when you start real trading. Their website is available in 2 languages Chinese and English. The customer support service is available in 3 languages, Chinese, English and Spanish via email, live chat, phone, web form and even Skype. The account types offered is Standart and Pro ECN and the minimum deposit required to open an account with them is $250.

The reviews speak volume about the company and its performance as well as the quality of service offered. The most talked about feature of the company is that they offer their traders the facility of trading in Gold & Silver, CFDs, Oil and Indexes along with forex and the leverage on each of them is 1:100 whereas for forex it is 1:400. They also say that the trading platform Meta Trader 4 is more stable and is very fast. Many like that they offer 25 currency pairs to trade in. Their mobile trading service is also loved by many. All the traders who like to scalp and hedge love the fact that they allow scalping and hedging. The use of Expert Advisor helps them in smooth trading. A few of the cons mentioned in the reviews is that they do not have much payment options and lack of PayPal as one of the mode is a concern for many. Many have raised the concern of the website being available only in Chinese and English. The number of languages in which customer service is available can also be increased. The average rating given to the company by its users is 5.4 out of 10.

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